INGRAM MICRO & SAMPORT

Ingram Micro and Samport Payment Services have signed collaborative
agreements for the distribution of Ingram’s card payment terminals
through its
vendor relationships, customer base and expertise in distribution,
logistics and
financial services. With the implementation of Samport’s software and card
processing, the partnership will provide card payment terminals from
multiple
terminal vendors. The software will allow functionality of the terminals
and
provide value added services. Samport assists corporations with card
processing such as this with its “Samport LETO” and “Samport ZEUS”
software.
Ingram Micro Data Capture/POS Division distributes auto ID/data capture
(AIDC), point-of-sale (POS), radio frequency identification (RFID) and
wireless
solution products. Over the coming years, with the EMV implementation,
terminals to be replaced are projected to be in excess of 500 000 for
the Nordic
Region.

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JetBlue Airways Set to Go Cashless on Nov 1

JetBlue Airways will accept any major credit or debit card for in-flight purchases using efficient and user-friendly handheld devices, and will no longer accept cash onboard as of November 1. JetBlue began testing the usability of the service and soliciting customer feedback on short to long-haul flights earlier this year. Its subsidiary, LiveTV, will offer secure technology that will enhance the JetBlue Experience for customers by providing a quick and hassle-free way to purchase alcoholic beverages and future in-flight offerings onboard. LiveTV has installation and maintenance locations around the world to support the nearly 500 aircraft equipped with its products. JetBlue serves 54 cities with up to 575 daily flights.

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INTERAC CERTIFIES HYPERCOM

Vocalink and Bankgirocentralen BGC (BGC) payment processor have
announced their strategic partnership to provide BGC with cost-cutting
payment services and a broader range of customer products for all of its
payment offerings. Furthermore, VocaLink will be providing BGC with
its domestic automated payment schemes and will allow the processor to
meet newly-imposed EU industry requirements. To date, Vocalink has
processed over 8 billion transactions per year and is currently processing
15% of Europe’s automated payments, according to experts.

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Ceridian Merger Gets Regulatory Green Light

Ceridian has received all necessary regulatory approvals for its pending acquisition by Thomas H. Lee Partners and Fidelity National Financial which should close this quarter. Ceridian had received all necessary regulatory approvals for its pending $36 per share acquisition by affiliates of Thomas H. Lee Partners, L.P. and Fidelity National Financial, Inc. Ceridian is a human resources outsourcing company.

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MainStream Merchant Services Becomes an ISO

Atlanta-based MainStream Merchant Services has become an ISO for Dallas-based Chase Paymentech. MainStream provides merchants with custom gift card programs, PC debit and credit card processing, Web-based card processing, and point of sale terminals. With this agreement, MainStream customers will now benefit from access to Chase Paymentech’s full offering of payments products and services, including the industry-leading secure, proprietary payments authorization network. MainStream Merchant Service, Inc. is a provider of merchant payment processing solutions.

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RBS Lynk Hires Two U.S. Sales Executives

Atlanta-based RBS Lynk has hired Greg Leos, previously with Moneris Solutions, and Theo Rokos formerly with Wolters Kluwer, as SVP/Sales for, respectively, the Eastern and Western U.S. regions. While at Moneris, Leos was responsible for national sales and relationship management. During 12 years in the acquiring industry, he has managed sales teams at Wells Fargo Merchant Services, Global Payments and JCB Credit cards. At Wolters Kluwer, an international publisher, Rokos ran the western region sales operations and previously managed sales teams for Scantron, a leader in data collection, testing and assessment systems. RBS Lynk is a leading, single-source provider of electronic payment processing services.

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MasterCard Uses Pod Busters in a TV Show

MasterCard and NBC Universal have teamed to create a unique marketing event that provides viewers of the NBC drama “Life” with inside information on the conspiracy surrounding lead character Charlie Crews. Through a series of “pod busters” (a marketing initiative designed to increase viewer engagement during commercial breaks) “Life” viewers can watch custom-created video that offers additional evidence unseen in the show. The MasterCard “Uncovering Evidence of Life” “pod busters” will air for a total of six consecutive episodes, ending November 7. The MasterCard “pod busters” are promoted on air, as well as in print and online advertising.

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Fair Isaac Intros Collection Scores

A new suite of predictive scores software has been unveiled that will fine-tune lenders’ ability to prioritize accounts in early stage collections for both card and loan portfolios, and late stages for card portfolios. The new “Collection Scores” from Fair Isaac enables credit grantors to assign the appropriate strategy with the right amount of collection effort, resulting in increased total collections, lower charge-offs and better utilization of resources that directly impact the lenders’ bottom line. The “Collection Scores” also enable lenders to improve customer service by identifying likely ‘self-cures’ and preventing potentially upsetting collector calls to a client’s best customers.

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Retailers Slash Holiday Prices Early

With holiday sales projected to rise 3% this season retailers have already begun aggressive discounting. However, gift card sales are expected to exceed $35 billion this holiday season. Archstone Consulting says this year’s holiday sales will barely keep pace with the projected inflation rate of 2.7%. Last week Wal-Mart announced it has cut prices on its “Top 12 Toys of Christmas” from 10%-50%. Archstone noted that consumer disposable income has grown, but at a slower rate than last year (5.7% vs. 6.3%). Only four times in the past 10 years has the retail sales growth rate for November and December exceeded the annual disposable personal income growth rate. The research firm says it does not believe that the retail sales growth will exceed the disposable personal income growth rate during this year’s holiday season.

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Two-Thirds of Small Biz Bank/Shop Online

A new survey has found that 64% of U.S. small businesses bank and shop online. Of those small businesses that shop online, 33% cited convenience and the availability of a secure payment option as the key to online commerce. In a survey commissioned by eBillme and conducted by Market Platform Dynamics, revealed that small businesses said that a payment option that did not require use or disclosure of credit card information, as well as an option that gave them more control over the purchasing and approval process would spur online confidence and increase purchases. The survey also found that the small businesses who are not shopping online are not necessarily Internet-averse. Many maintain other online relationships, and the majority do their banking online.

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